ALYI 2021 Transition From Orders To Sales Bolstered By Morgan Stanley EV 50% Sales Growth Forecast
19 December 2020 - 1:05AM
InvestorsHub NewsWire
Dallas, TX -- December 18, 2020 --
InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI), an electric vehicle innovation company headquartered in
Dallas, Texas, today highlighted recent research from Morgan
Stanley (MS) forecasting 50% electric vehicle sales growth in
2021.
ALYI has signed orders for its electric
motorcycle designed to serve the African taxi (boda
boda) market in East Africa. ALYI expects to begin
production in 2021 and transition orders into
sales.
ALYI is also
producing an electric motorcycle for the North American market and
expects to start taking pre-orders later this
month. the company
will produce an electric sleek retro style BMW R71 clone
(www.revoltmotorbikes.com)
and a conversion kit for do-it-yourselfers to electrify their own
BMW R71 or R71 clone.
ALYI has
constructed an overall electric mobility ecosystem vision is
centered around introducing an annual industry wide symposium in
Kenya to bring commercial and academic resources together that
combine design and engineering expertise to create an original
electric mobility future, not one based on merely reengineering
combustion engine
transportation.
With low per
capita transpiration saturation, Africa is the ideal location for
pursuing an original electric mobility
future.
The ALYI
annual symposium centric electric mobility ecosystem vision is
intended to be anchored by a globally recognized electric vehicle
race event. ALYI recently announced a major multiparty milestone
agreement and that agreement specifically pertains to the target
electric vehicle race event.
ALYI's funding
partner, RevoltTOKEN (www.revolttoken.com)
has committed to funding ALYI's electric mobility ecosystem vision
through independently launching an Initial Cryptocurrency Offering
(ICO) to raise $100 million. RevoltTOKEN has already created a
token (see RevoltTOKEN website) and plans to immediately make the
token available through an ICO once finalizing all regulatory
prerequisites. In the meantime, RevoltTOKEN continues to make
pre-ICO funds available for ALYI to continue advancing its business
plan.
For more
information and to stay up to date on ALYI’s latest developments,
please visit www.alternetsystemsinc.com.
Disclaimer/Safe Harbor: This news release
contains forward-looking statements within the meaning of the
Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur.
Alternet
Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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